Posts Tagged ‘Digital Transition and Innovation’

Independent Companies Business Model in Oil & Gas and Petrochemicals

The Independent companies of the Oil & Gas and Petrochemical market develop a new business model to award EPC contracts.

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Do you Value Chain or do you Value Network?

Do you value chain or do you value network? Is this wording game that important?

We believe it just summarizes the gap between the conventional economy and the new one leading to the 4thindustrial business model revolution.

Over the last decade, we have seen the emergence of new business models with Google, Apple, Facebook, Amazon, Microsoft, the so-called GAFAM, disrupting all economies and industries.

Innovation and technologies are the first reasons to explain how these companies became disruptive and successful in inventing new business models.

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Proof of Concept

A Proof of Concept, or mostly referred as “PoC”, is the earliest step of development of any Use Case within digital organisation. The PoC ambition is not to overwhelm the total Use Case but to prove the efficiency of the selected solution to tackle it. The PoC targets to explore the resolution of a pain point in a short time with little expense.

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ISO 50501: The Innovation Game Changer

Digital Transition requires agile and efficient Innovation management, especially in collaborative mode. This article describes the forthcoming ISO 50501 Innovation Management Standard and explains how this new standard and related series (ISO 50502, ISO 50503, ISO 50504, ISO 50505) can help to improve innovation processes. It takes the example of the collaborative platform Industrie 4.0 Smart Platform® as an existing tool to facilitate the implementation of the ISO 50501 standards in practice for collaborative innovation.

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